Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
INNOTEK LIMITED
Security
INNOTEK LIMITED - SG1F66858902 - M14

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
31-Mar-2021 18:14:15
Status
New
Corporate Action Reference
SG210331DVCAK09H
Submitted By (Co./ Ind. Name)
Linda Sim Hwee Ai
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
21
Dividend/ Distribution Type
Final
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.02

Event Narrative

Narrative Type
Narrative Text
Narrative versionNotice is hereby given that, subject to shareholders' approval of the payment of the dividend at the Annual General Meeting scheduled for 29 April 2021, the Share Transfer Books and the Register of Members of the Company will be closed on 11 May 2021 for the preparation of dividend warrants.

Duly completed transfers received by the Company's Registrar, Boardroom Corporate and Advisory Services Pte. Ltd at 50 Raffles Place, Singapore Land Tower, #32-01, Singapore 048623, up to 5.00 pm on 10 May 2021 will be registered to determine shareholders' entitlements to the proposed First and Final Dividend.

Members whose Securities Accounts with The Central Depository (Pte) Ltd. are credited with shares in the Company as at 5.00 pm on 10 May 2021 will be entitled to the proposed First and Final Dividend.

The proposed First and Final Dividend, if approved by shareholders at the Company's AGM, will be paid on 25 May 2021.

Event Dates

Record Date and Time
10/05/2021 17:00:00
Ex Date
07/05/2021

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.02
Net Rate (Per Share)
SGD 0.02
Pay Date
25/05/2021
Gross Rate Status
Actual Rate
Country of Income
Singapore

Applicable for REITs/ Business Trusts/ Stapled Securities